Recalculation of Retirement Benefits Ordered by Us District Court Judge
Daily Record (Rochester, NY) › August 30, 2004
Linked as:
Summary
The plaintiff, John Layaou, brought this action under the Employee Retirement Income Security Act (ERISA) against his former employer, Xerox Corp. seeking additional benefits under Xerox's pension plan, known as the Retirement Income Guarantee Plan (RIGP).
Reviewing the facts in John Layaou v. Xerox Corp., et al., U.S. District Court Judge David G. Larimer concluded a discrepancy between a summary of the description of the retirement plan and the plan itself warranted recalculation of benefits.See the full content of this document
Extract
Recalculation of Retirement Benefits Ordered by Us District Court Judge
The Facts
Layaou began working for Xerox in 1972 and voluntarily left in 1983. While employed at Xerox, Layaou was a participant in the retirement plan and elected to take the retireme...See the full content of this document
Sponsored links
